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Economy

Central Bank halts dollar sales to Iraqis traveling to Iran

Central Bank halts dollar sales to Iraqis traveling to Iran

The decision comes in response to recent US sanctions that seek to limit the activities of the Iranian regime that threaten international security.

Iraq reactivates ISIS-damaged oilfields, refineries

Iraq reactivates ISIS-damaged oilfields, refineries

The Ministry of Oil has put forward ambitious plans to restore all oil facilities to service at their former capacity and to develop them.

Iraq, Jordan to construct industrial zone along border

Iraq, Jordan to construct industrial zone along border

The joint project will see the establishment of an industrial city near the Trebil border crossing in western Anbar province.

Iraq launches post-ISIS stabilisation project

Iraq launches post-ISIS stabilisation project

The project seeks, through various means, to improve the livelihoods of more than a million Iraqis in areas of the country liberated from ISIS.

Iran seeks to corner Syria reconstruction market

Iran seeks to corner Syria reconstruction market

The Iranian regime is seeking to ensure its future presence in Syria by establishing a dominant position in the country's economic sectors , experts say.

Iraqi banks reopen their branches in Mosul

Iraqi banks reopen their branches in Mosul

The reopening of major national banks in east and west Mosul will help drive reconstruction and stimulate economic activity, officials say.

Mosul residents, authorities restore city markets

Mosul residents, authorities restore city markets

The local authority has been working with residents of Mosul's Old City to restore destroyed shops and marketplaces and revive the economy.

Salaheddine's Baiji refinery is ready to reopen

Salaheddine's Baiji refinery is ready to reopen

The Salaheddine 2 unit will return to operation this month with a 70,000 barrels per day capacity, with Saleheddine 1 slated to reopen later.

Iraq to hold major investment fair in December

Iraq to hold major investment fair in December

The fair will bring together Iraqi and foreign investment companies to explore ways to facilitate investment in the country and stimulate reconstruction.

Iraq reopens key highways post-ISIS

Iraq reopens key highways post-ISIS

Overland traffic activity is picking up pace as the authorities rehabilitate main roads and boost security.